Danone and Verizon to restart euro M&A market

摘要

Danone and Verizon Communications are set to reboot the European M&A debt market with jumbo multi-currency bonds this week after a recent hiatus in the sector, following Anheuser-Busch InBev and Air Liquide's blockbuster trades in the first half of the year. Both the Danone and Verizon deals are expected to be around €4bn-equivalent, but despite being timed for the same week, bankers say investors are still in spending mode and have ample cash to put to work before year-end.